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2018 Wyoming Statutes
TITLE 40 - TRADE AND COMMERCE
CHAPTER 14 - WYOMING UNIFORM CONSUMER CREDIT CODE
ARTICLE 2 - CREDIT SALES
SECTION 40-14-259 - Limitation on default charges in consumer related sales.
Universal Citation: WY Stat § 40-14-259 (2018)
40-14-259. Limitation on default charges in consumer related sales.
(a) The agreement with respect to a consumer related sale may provide for only the following charges as a result of the buyer's default:
(i) Reasonable attorney's fees and reasonable expenses incurred in realizing on a security interest;
(ii) Deferral charges not in excess of eighteen percent (18%) per year of the amount deferred for the period of deferral; and
(iii) Other charges that could have been made had the sale been a consumer credit sale.
(b) A provision in violation of this section is unenforceable.
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